Question

Which of the following assets is a non-depreciable asset?

Q: Answer-Which of the following assets is a non-depreciable asset?

Non-depreciable assets are those assets that do not lose their value over time and are not subject to depreciation expense. Land is a non-depreciable asset because it does not have a determinable useful life. The cost of land is not subject to depreciation, although improvements made to the land may be depreciable.